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They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1] Popular uses include vacation rental [2] and relocation. [3] This industry is seen as the most affordable option for month-long ...
The supplements make up the difference between rental "market price" and the amount of rent paid by tenants, for example 30% of the tenants income. A notable example of a rent supplement in the United States is Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f).
Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units. Workforce housing is generally understood to mean affordable housing for households with earned income that is insufficient to secure quality housing in reasonable proximity to the workplace.
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In the 1990s, several of the big SRO hotels were renovated, including the Milwaukee, the Northern Pacific, and the Eastern; however, the fire, safety, and earthquake code upgrades led to big rental increases (for example, the Publix Hotel rental went from $75 per week for a SRO in the early 2000s to $1,350 per month for a micro-studio in 2018).
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